Should You Go for a Music Instructor Insurance?

As an independent music instructor, this is a critical question, one that you cannot ignore. When you have insured your gears, and possess a home owner's insurance, the question arises why you need music instructor insurance?

First, you need to know why you should buy music instructor insurance, and then move on to understand what all should be covered to make it ideal. Let's go through it one by one.

Imagine, you have a music studio with all your gears functioning real well, and one fine day it gets burglarized. That could be one of the most dreaded days in the life of a musician. Nothing is left for you to honor your life as a musician, and plus the losses that you have to suffer as a result is also massive.

The next big thing that could wreak your life is someone slipping near your studio, and you having to pay for it. All because you left it unshoveled! This could be a potential for loss in your case. Of course, being sick and not being able to work means you have to stop your only source of income. Losses and more losses! What if you are the only breadwinner in the house, and you have a major accident or you die. What happens to the family?

What we have just said here have all been gone through by someone or the other in their life. It is not easy to stay upright in the eye of losses. This is precisely why you ought to be insured. This would help you swim through your losses, and get back to the shore in the best way possible.

There are some things that you ought to consider when buying the music instructor insurance. These covers should be included in the clauses.

• • Liability: This is the first cover point that you need to consider when looking for insurance. Someone falls near your house, and then it becomes a liability for you. Adding the umbrella clause to homeowner's policy should be fine for those working from home. But, if you have a retail space, you may need to add the clause to your business policy. Check for all the liability clauses added to the policy.

  • Property: Burglarized, vandalized, fire outage etc. can be easily covered with the instructor insurance that has the property clause included in it. You can always get these covers in your home/business policy, but getting a separate policy always works in your favour. Ensure all the instruments and relevant business assets are a part of the policy

  • Worker's Compensation: This is yet another important cover, especially if you have an institute that hires people. A music teacher on-board gets injured, what's the best you have got to deal with the situation? Getting the worker's compensation included in the policy will help you settle your losses

  • Disability & Life Insurance: Adding this cover means, in case you are involved in an accident, and you lose your life or, your body parts, you can always gain compensation through the insurance cover

    • Again, getting the accident covered in the insurance policy ensures that you are compensated for the losses induced by the accident

  • Health Insurance: Not all days are supposed to be good! There will be days when you fall sick or, suffer from some weird disease. This is why you need a health insurance. It will settle all your health related issues, and provide you complete cover for hospitals

Music Instrument INS completes all your music instructor insurance needs by including all the covers mentioned here. Get in touch with their insurance experts to get details on insurance premium, cover and other relevant details to get your space insured today.